Asia PE-VC Summit 2020: Why India is still an attractive market despite slowdown

Even as India stands out as an attractive investment destination given the falling valuations and boom in pandemic-proof and digital-driven sectors, there are key questions playing in people’s minds: Is the slowdown in the country for real? Are private equity investors more cautious in deploying fresh capital in businesses? What is the road ahead for the startup ecosystem?

Join us for a slew of sessions and fireside chats with the who’s who of the risk capital industry at DealStreetAsia’s PE-VC Summit 2020 on November 24-25.

New digital scripts India will play to in 2021 and beyond

We have organised a fireside chat with Haresh Chawla, partner at True North, formerly known as India Value Fund. He will be in conversation with Govindraj Ethiraj, Founder, BoomFactCheck.

The private equity major True North is currently investing out of its Fund V, which has a corpus of $700 million. Having been in the ecosystem since 1999, the firm has so far invested around $1.5 billion across over 30 businesses.

Chawla will throw light on how India’s startup and investment landscape has changed dramatically in 2020 due to COVID-19 and Reliance’s Jio juggernaut.

The session is pertinent as it addresses the big-picture question of how investors view and prepare for the road ahead when we are unable to use the past to predict the future for India’s unicorns and startups.

Can financial services help India’s largest payments company hit escape velocity?

Vijay Shekhar Sharma, one of the poster boys of new India, and founder at One97 & Paytm, will share his perspective on how the SoftBank- and Alibaba-backed company is aiming to be a full-stack Indian fintech play ready to disrupt an array of financial services, riding on its strong user base.

Sharma will be in conversation with Stephanie Findlay, South Asia Correspondent, Financial Times.

With its sights trained on mutual funds, debt, equity funds, and online stock brokerage, Paytm is expanding its financial services offerings.

Where will the strategy take Paytm? Despite years of arduously building its infrastructure, ecosystem, and offerings, the company has begun losing ground to rivals with deeper pockets such as Google Pay, and PhonePe. How is it defending its turf against newer players?

Should India regulate big tech to grow its local startup/tech ecosystem?

As policymakers in India get concerned about unfair market competition, spread of misinformation, and digital colonialism, big tech players such as Google, Facebook, and Amazon face a tech-lash within the country.

Join us for a chat with Anand Lunia, founding partner, India Quotient; and Rajesh Sawhney, founder & CEO, GSF Accelerator, as they deliberate on whether the pandemic has given big tech firms an opportunity to reinvent themselves.

How will both startups and big tech companies co-exist in the country? What is the road ahead for them in 2021? Stay tuned to gather answers.

Building enduring companies — starting with a viable economic engine

Marquee venture capitalist Sequoia’s Abheek Anand had, in one of our webinars, likened entrepreneurship to running an “ultramarathon”. This is because it requires founders to stay in top form for at least 10 years in a row, something, not even the world’s top sports teams are able to accomplish.

How do founders then focus on building lasting and sustainable businesses?

Abheek Anand, managing director Sequoia Capital, and Rajan Anandan, managing director, Surge and Sequoia Capital India LLP, will give us an insight on how the COVID-19 crisis may actually be a harbinger of change in terms of how future startups will be built and funded in a session moderated by Deepshikha Monga, Editor, DealStreetAsia.

Could it mean that 2020 spells the end of vanity metrics and the cash-burn era? This is your chance to find out from the Sequoia duo.

The art and science of fundraising and investing in crisis

Kunal Shroff, managing partner at India’s largest homegrown private equity giant ChrysCapital will throw light on how deep India’s recession is, and the opportunities emerging for PEs and VCs amid the COVID-19 crisis, in a conversation with Paramita Chatterjee, Editor, DealStreetAsia.

Established in 1999, ChrysCapital has not only seen a slew of investments and exits, but it has also survived the dotcom bust, and the global financial meltdown. It is now bracing for another slowdown.

While ChrysCapital invests in a gamut of sectors including financial services, healthcare, business services, and consumer, it is yet to delve deep into the new economy sectors. Here’s your chance to figure out why!

Catch these sessions live and more, now with a $100 off with code DSAREADER. Register Now!

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.